RE:RE:RE:Unpacking MLS' latest videoThank you for that acres...my bad lol. Yes from what i gathered it doesnt sound like anything more than what you have said because Stephan has stated in the video you had posted he is coordinating with others to potentially suit their needs for them to build and design those specific facilities on the land. I did not get any impression whatsoever that much more was built nor did i get the impression that he is limiting any particular rocket in terms of size and design as well as fuel and launches. He has stressed this as well as funding being contingent on conditions even though yes it isnt as heavily stressed as i know you would like it to be.
The company is working with several partners some of which he specifies as to region say the US but he mostly talks in generality which definitely strikes me that this company is still quite early in development despite the 5 plus years as to where it is. Stephen is talking a lot about potential and trying to capture being part of what is a 500 billion a year market segment poised to get to a trillion by 2040.
The track record has been clearly quite slow and still to be seen as a fledging for obvious reasons the biggest of which is government funding even when companies get them they still take some time to disbursed which is quite annoying when they are actually approved. The Feds for instance pledged a fair size aid package to Ukraine which it still hadnt been delivered on as did the US so government funding while it can help reinburse what is spent is far from a gimme.
Now given all that we are talking about and where things are why are you so afraid of what this company is going to do? Why take it seriously and have this NIMBY position to it? 5 years it has very little to show for it but concrete launch pads one would think has not much to be able to support any commercial rockets that can be loud and discharge the types of fuel you are saying can be quite environmentally harmful?
As i said to you in my long response thank you so much for reading your concerns are much more valuable going towards the company and all those involved with it as well as IROC? This company clearly has a long ways to go and unless there is extremely solid and specific news this is all right now a vision that has more bark than bite even so people who are gambling on this stock will continue to do so because it is appealing as a potential Canada first as well a fair size market sector.
News release warning states results may vary than what are stated and that there no guarantees and market uncertainties. At this point is i said to you this is a very risky stock and while Stephen talks about derisking it is relative to meeting all the conditional components to all the fundings he and the company have applied for which he does say and which is first of 5 things he talks about towards the end of the video.
The question with this company is how much will it actually get done in tangible terms and in how much time. This is a typical penny stock with a lot of fanfare excitement high risk and not too much as of yet to show for and that is largely reflected in its share value as a fairly newly listed company despite work being done 5 or so years prior and who also has a long ways to go. The fact that you are taking it quite seriously indicates to me that you are quite concerned all this bark will eventually show more and more bite in which case again you are better off targeting the source as no matter what people warn on the boards until things become very painfully clear the majority of people will take their chances on what inevitably becomes a pipe dream and that is why 98 percent of pennies are sorry to say junk and those who like myself lose badly are gambling not investing...even if they make money a real "investor" will not touch these types of stocks. Houses and insiders see opportunity fan the flames and sell shares to us this is where we come in knowing they can make money and continue to do so for as long as we at retail continue to buy or the companies find they cant sustain operations and go under with people losing money.
With all these "pie in the sky" companies one has to be very careful and is best advice to strategically manage their shares and take profits when they are there. Clearly this company has a vision and has a long ways to execute it but how far that is in terms of time and actual progress is anyones guess and why this is speculating and gambling. This stock has as much potential as 98 percent of all the rest. Will this reach the company of the other 2 percent time will only tell but the fact you are concerned well that strengthens retail hope actually because like i am saying as to how you started this company does not at this point have very much tangible results.
Keep posting if it makes you feel good preventing people from what to you is a company full of misleading information and distorting the truth at the end of the day ultimately it is caveat emptor. I dont have tons of shares and this company is of interest because of potential and all that i talked about innovation evolution and progress using the Industrial Revolution to strengthen my position but i will strategically trade my holdings here as i am doing my best elsewhere.
From my assessment as to what this company is showing right now i wouldnt take it sseriousy as to what you are concerned about NIMBY not in my backyard but like i said sure keep posting if it makes you feel better people will see the posts as a nuisance a majority of who will think nothing of them when money and opportunity is involved but either way if this company amounts to 0 they will say we should have listened or if as you still take seriously enough to make these posts it succeeds those who listened will say we should not of...one group will be grateful another upset it is not good to be in this position actually and focus where you will make a bigger impact i hardly think it will do much at retail however if you are the type at least one person listened it was worth it then again by all means have fun.
I will handle my holdings strategically and it is not likely i will buy that much more than what i already have because this company has a lot of work ahead and this is a extremely risky stock for all that we exchanged between us. My philosophy towards environment progress and companies is pretty well hopefully fully laid out and clear within these exchanges and the only thing as someone who is non qualified and who has lost tons of monies and time on pennies is be smart in how you strategically manage your shares pick your lowest sell point (maximum loss value)and set some realistic profit points and pull monies out at them whatever amounts that may be so if you decide to buy you can get at lower values if the stock drops and you see a future for it or if not you took that much out from being lost and depending on your determined share allocation to do so you will either have more at risk or nothing at all just be smart 98 percent pennies are garbage. In any case i wont say anything else and hopefully avoid posting to stay as neutral as i can. This is a very risky stock....